GBPUSD 4H PRICE ACTION

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GBPUSD


The 4-hour chart of the GBP/USD currency pair shows a neutral or bearish market, with the price oscillating between first resistance and first support.

Key levels:
The first support is located at 1.2106, which is a good place for buyers to enter the market. Second market support is at $1.20638.

The first resistance is formed at 1.2217 and can limit the upward movements. The second resistance is at $1.2271.